Thompson Siegel & Walmsley LLC Has $5.73 Million Stake in BrightView Holdings, Inc. (NYSE:BV)

Thompson Siegel & Walmsley LLC raised its stake in shares of BrightView Holdings, Inc. (NYSE:BV) by 5.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 358,436 shares of the company’s stock after buying an additional 19,382 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in BrightView were worth $5,731,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Harvey Partners LLC boosted its stake in BrightView by 9.1% during the 3rd quarter. Harvey Partners LLC now owns 1,870,000 shares of the company’s stock valued at $29,434,000 after purchasing an additional 156,500 shares during the last quarter. Geode Capital Management LLC boosted its stake in BrightView by 18.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,337,545 shares of the company’s stock valued at $21,057,000 after purchasing an additional 206,359 shares during the last quarter. State Street Corp boosted its stake in BrightView by 17.1% during the 3rd quarter. State Street Corp now owns 1,211,909 shares of the company’s stock valued at $19,075,000 after purchasing an additional 177,105 shares during the last quarter. Telemark Asset Management LLC boosted its stake in shares of BrightView by 6.3% in the 4th quarter. Telemark Asset Management LLC now owns 850,000 shares of the company’s stock worth $13,592,000 after buying an additional 50,000 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of BrightView by 1.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 641,301 shares of the company’s stock worth $10,254,000 after buying an additional 8,907 shares during the last quarter. Institutional investors and hedge funds own 92.41% of the company’s stock.

BrightView Trading Down 2.5 %

NYSE:BV opened at $12.75 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $1.22 billion, a PE ratio of 70.85 and a beta of 1.32. The firm’s 50 day moving average is $14.68 and its 200 day moving average is $15.73. BrightView Holdings, Inc. has a 12 month low of $9.89 and a 12 month high of $18.89.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BV. Robert W. Baird boosted their target price on BrightView from $18.00 to $20.00 and gave the stock an “outperform” rating in a research note on Thursday, November 14th. Morgan Stanley boosted their target price on BrightView from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. BTIG Research began coverage on BrightView in a research note on Monday, December 2nd. They issued a “buy” rating and a $22.00 target price on the stock. The Goldman Sachs Group boosted their target price on BrightView from $11.30 to $12.90 and gave the stock a “sell” rating in a research note on Friday, November 15th. Finally, William Blair upgraded BrightView from a “market perform” rating to an “outperform” rating in a research note on Friday, November 15th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, BrightView has an average rating of “Moderate Buy” and a consensus target price of $17.41.

BrightView Company Profile

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.